Avail Raises $27M in Seed Round to Develop Ethereum Data Network

Monday, 26 February 2024, 13:45
Avail, an Ethereum data network, has secured $27 million in a seed funding round to support the development of its core products - Avail DA, Nexus, and Fusion Security. This significant funding will propel Avail to compete with industry giants like Celestia in the blockchain space. With a strong financial backing, Avail aims to enhance its technology offerings and establish a solid presence in the market.
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Avail Raises $27M in Seed Round to Develop Ethereum Data Network

Avail Raises $27M in Seed Round

The recent funding aims to boost the development of Avail's core products, Avail DA, Nexus, and Fusion Security.

Key Highlights:

  • Avail DA: Focuses on data analytics leveraging Ethereum technology.
  • Nexus: Provides a secure networking solution for blockchain interactions.
  • Fusion Security: Offers advanced security features for decentralized applications.

This funding round signifies a major milestone for Avail, positioning the company as a formidable player in the blockchain industry.

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